Energy Recovery (ERII) Net Income (2010 - 2026)
Energy Recovery (ERII) posted quarterly Net Income of -$12.3 million for Q1 2026, down 24.0% year-over-year from -$16.1 million in Q1 2025, and down 145.52% quarter-over-quarter from $26.9 million in Q4 2025.
Energy Recovery (ERII) Net Income (2010 - 2026) Analysis & Trends
Energy Recovery (ERII) has reported Net Income for 17 consecutive years, with -$12.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 24.0% year-over-year to -$12.3 million; the TTM figure through Mar 2026 stood at $20.6 million (down 3.92% YoY), while the FY2025 annual figure was $23.0 million, changed 0.38% from the prior year.
- Net Income eased to -$12.3 million in Q1 2026 per ERII's latest filing, from $26.9 million in the prior quarter.
- Across five years, Net Income topped out at $26.9 million in Q4 2025 and bottomed at -$12.3 million in Q1 2026.
- Historically, Net Income has averaged $4.7 million across 5 years, with a median of $3.9 million in 2025.
- Annual changes were most pronounced in 2022 — Net Income sank 320.67% — and 2025, when it surged 419.94%.
- Energy Recovery's Net Income stood at $13.7 million in 2022, then soared by 44.3% to $19.8 million in 2023, then advanced by 18.51% to $23.5 million in 2024, then rose by 14.67% to $26.9 million in 2025, then tumbled by 145.52% to -$12.3 million in 2026.
- Business Quant data shows ERII's Net Income at -$12.3 million in Q1 2026, $26.9 million in Q4 2025, and $3.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.28 Bn | 22.16 Bn | 902.00 Mn | 241.00 Mn |
| 2 | Zurn Elkay Water Solutions | 8.20 Bn | 7.84 Bn | 288.30 Mn | 113.30 Mn |
| 3 | Federal Signal | 7.46 Bn | 7.39 Bn | 203.80 Mn | 86.10 Mn |
| 4 | Ceco Environmental | 3.10 Bn | 3.04 Bn | 86.47 Mn | -34.49 Mn |
| 5 | PureCycle Technologies | 1.26 Bn | 1.26 Bn | - | -55.74 Mn |
| 6 | Aduro Clean Technologies | 528.77 Mn | 500.10 Mn | - | 1.18 Mn |
| 7 | Energy Recovery | 406.56 Mn | 313.50 Mn | 8.96 Mn | -3.20 Mn |
| 8 | Arq | 96.62 Mn | 95.72 Mn | 11.51 Mn | -733,000.00 |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | -1.23 Mn |
| 10 | CleanCore Solutions | 33.72 Mn | 16.67 Mn | -419,259.00 | -19.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -3.20 Mn |
| Mar 31, 2026 | -12.25 Mn |
| Dec 31, 2025 | 26.91 Mn |
| Sep 30, 2025 | 3.87 Mn |
| Jun 30, 2025 | 2.05 Mn |
| Mar 31, 2025 | -9.88 Mn |
| Dec 31, 2024 | 23.47 Mn |
| Sep 30, 2024 | 8.48 Mn |
| Jun 30, 2024 | -642,000.00 |
| Mar 31, 2024 | -8.26 Mn |
| Dec 31, 2023 | 19.81 Mn |
| Sep 30, 2023 | 9.66 Mn |
| Jun 30, 2023 | -1.67 Mn |
| Mar 31, 2023 | -6.30 Mn |
| Dec 31, 2022 | 13.73 Mn |
| Sep 30, 2022 | 4.79 Mn |
| Jun 30, 2022 | -2.36 Mn |
| Mar 31, 2022 | 7.89 Mn |
| Dec 31, 2021 | 5.26 Mn |
| Sep 30, 2021 | 1.07 Mn |